Actuary III

at  Aflac Incorporated

EDUCATION & EXPERIENCE REQUIRED

• Bachelor’s Degree In Actuarial Science, Mathematics, Computer Science, or a related field
• An Associate of the Society of Actuaries (ASA) designation from the society of Actuaries (SOA) is required and commitment to continue toward Fellow of the Society of Actuaries (FSA) designation
• Currently a candidate in or qualified to become a candidate in the Aflac Actuarial Development Program
• Three years of professional job-related work experience
  Or an equivalent combination of education and experience

WHAT DOES IT TAKE TO BE SUCCESSFUL IN THIS ROLE?

• Proficient at coding models in various applications (Excel, Mainframe, SQL,MG-Alfa or similar actuarial software)
• Good verbal and written communication skills
• Actuarial Competencies
• Technical Knowledge & Skill - Advanced Performs data analysis, synthesizes it into something meaningful, and develops materials and presentation of findings. Understands data limitations and considers influence of business processes, market segmentation strategies, and industry factors on analysis. Identify, set, and defend actuarial and financial assumptions; develop, enhance, and deliver actuarial and financial models that effectively evaluate risk.
• Project Management - Advanced Can effectively lead projects, including those with crossfunctional accountabilities. Highly responsive to dynamic business needs while partnering with other functional or operational areas. Identifies and initiates projects suggested by business needs or strategies and reprioritizes work/seeks resources as necessary.
• Communication - Advanced Understand and explain business issues and potential solutions in a way that results in informed decision making. Proactively and routinely seeks out business partners to provide timely summary of practice area results. Has clear examples of delivering business concepts and messaging to a wide variety of audiences.
• Business Knowledge & Acumen - Intermediate Aligns actuarial analysis and findings with the broader goals of the organization. Understands all of Aflac’s products and business functions. Looks at problems from the overall business framework, rather than only a technical framework, and links the technical actuarial analysis to the bottom line.
• Delivers Results - Advanced Develops projects, plans, and priorities that are consistent with business initiatives and goals. Consistently achieves results, personally and through others that contribute business value. Develops actions that lead to stated business goals based on actuarial or financial findings.
• Develops Self & Others - Intermediate Steps outside actuarial competencies and develops broader business acumen - goes beyond the technical aspect of a problem. Creates valued business partnerships based on consulting advice provided; seeks out opportunities to mentor others. Participates in new and challenging work experiences outside of one’s own functional area.
• Influencing - Intermediate Interprets business and technical information in a way that influences key decision makers / stakeholders. Drives discussions on meaningful business issues and potential solutions with external partners. Demonstrates the ability to build agreement, commitment, cooperation, and enthusiasm for recommendations - even with difficult messages.
• Makes Effective Decisions - Advanced Provides timely analysis to reach a recommendation, even with incomplete data; not averse to simply approximate an answer. Includes others in decision making as warranted to obtain good input and ensure buy-in for decisions. Evaluates options by considering implications and consequences - makes decisions outside the bounds of “the way it’s always been done”.
• Values Driven - Interacts with others in a way that gives them confidence in one’s intentions. Listens with respect and objectivity even when others’ opinions conflict with one’s own. Adheres to standards of professional conduct
• Builds Talent - Basic Develops staff or others with the competencies of business leaders, not just subject matter experts. Provides cross-functional project or mentoring opportunities. Takes bold action to ensure strong, diverse talent and leadership pipeline in place to meet Aflac’s aggressive business goals.
• Engages Employees to the Vision - Basic Ensures that others understand their roles in achieving area and business priorities. Inspires others to act in alignment with financial and corporate goals and initiatives. Involves employees in decision making, milestone setting, timely one-on-ones, and key business information.

PRINCIPAL DUTIES & RESPONSIBILITIES

• Utilizes knowledge of actuarial standards of practice and business acumen to solve challenging actuarial questions; Works with other departments (eg. product development, financial, compliance, and Japanese colleagues) to complete assignments on schedule; reviews and analyzes statistical data including morbidity, mortality and termination experience as well as policy provisions, state regulations, and other documents
• Uses understanding of standard concepts, practices, and procedures; Relies on judgment and business acumen where limited experience exists to plan and accomplish goals; a significant degree of creativity and latitude is expected
• Communicates the findings of actuarial work to managers and executives in an appropriate manner for business decisions to result; Aides in the representation of the department in internal and external groups for the benefit of Aflac
• Performs other duties as required

Work Designation – Depending on your location within the continental US, this role may be hybrid or remote.

• If you live within 50 miles of the Aflac offices located in Columbus, GA or Columbia, SC, this role will be hybrid. This means you will be expected to work in the office for at least 60% of the work week. You will work from your home (within the continental US) for the remaining portion of the work week. Details of this schedule will be discussed with your leadership.
• If you live more than 50 miles from the Aflac offices located in Columbus, GA or Columbia, SC, this role will be remote. This means you will be expected to work from your home, within the continental US. If the role is remote, there may be occasions that you are requested to come to the office based on business need. Any requests to come to the office would be communicated with you in advance